HSBC SustainableStructured InvestmentsBringing together investors tocreate a better planet

HSBC’s Commitmentto the UN Sustainable Development GoalsHSBC is embracing the catalyzing role its lending activities can play

towards the achievement of the United Nations’ Sustainable Development

Goals (UNSDGs).

HSBC SDG Investment: How it worksHSBC has set up the following process to review projects, making sure the proceeds have maximum positive impact.

Project Selection Process

Submitted projects are reviewed by HSBC Group Sustainability, and other teams, to ensure the project adheres to the SDG standard

Reviewed projects, with HSBC Group Sustainability recommendations, are passed to the HSBC Green Bond Committee

The HSBC Green Bond Committee then asses the project based on: SDG standards and benchmarks; comparison to feasible alternatives; impact effect; intended beneficiaries, and ratifies for inclusion or exclusion from Use of Funds

Use of Proceeds

CLIMATEACTION

AFFORDABLE& CLEANENERGY

INDUSTRYINNOVATION

QUALITYEDUCATION

SUSTAINABLECITIES &

COMMUNITIES

CLEANWATER &

SANITATION

GOOD HEALTH& WELL-BEING

In November 2017, HSBC introduced a new type of

sustainable bond program based on the UNSDGs – the

first of its kind offered by a private sector company. The

$1 billion to be raised will be used to help fight climate

change, as well as reduce poverty and inequality. The

funds will support a range of projects such as building

hospitals, schools, small scale renewable energy power

plants, LEED certified buildings, and public railway

systems.

HSBC’s SustainableStructured Investments

HSBC’s InnovationBringing together investors to create a better planetHSBC has always been focused on creating opportunities for investors. The HSBC 2018 Sustainable Financing and ESG

Investing report found that 61.4% of investors globally have an ESG strategy. In order to meet the needs of our clients,

HSBC is aggressively innovating products and services to enable investors of every level to take part in this new

opportunity.

Beyond the Socially Conscious priority, many investors are applying

ESG considerations to their portfolios because of long-term risks.

These risk issues include climate change, avoiding companies that

could experience crisis related to environmental concerns, as well

as avoiding companies with potentially more reputational risk.

The long-term strategybehind sustainable investing

Sustainable Investing by the numbers*

Long-term risk54% of investors who are interested in applying Environmental, Social and Governance to their investments are motivated by long-term risks.

Societal good63% of investors said they wanted to have an impact on society, or supporting stricter regulations to help others.

Performance44% of asset owners answered that expectation of better performance was a factor their sustainable investment strategies.

Regulatory requirements13% of investors responded that they were considering applying ESG to investments in part based on regulatory requirements.

HSBC: Leading the industry in ESG innovation

#1 World's Best Bank for Sustainable FinanceEuromoney 2019

#1 SRI and Integrated Climate Change Research Extel 2019

#1 Climate Change research team for 5 consecutive yearsExtel 2018

#1 Dealogic Sustainability Bond League Table Dealogic 2019

#1 on Global Green Bonds league table Dealogic July 2019

This is not a recommendation, offer or solicitation to purchase or sell any CD, security, commodity, currency or other instrument. The information herein does not consider specific objectives, circumstances or needs of individual recipients. Recipients of this information should seek financial advice regarding the appropriateness of investing in any CD, security, commodity, currency or derivative instrument or strategy contained herein. HSBC Bank USA, NA. © 2019 HSBC Bank USA, NA. All rights reserved.*Source: Source: Smart Beta 2018 Global Survey Findings from 185 asset owners, FTSE Russell, June 2018

Important Information:

This brochure is for informational purposes only and intended to provide a general overview of HSBC’s commit-

ment to the UN Sustainable Development Goals and does not provide the terms of any specific issuance of

structured investments. Prior to any decision to invest in a specific structured investment, investors should

carefully review the disclosure documents for such issuance which contains a detailed explanation of the terms

of the issuance as well as the risks, tax treatment and other relevant information.

HSBC Bank USA, N.A. and HSBC USA Inc., are members of the HSBC Group. Any member of the HSBC Group

may from time to time underwrite, make a market or otherwise buy and sell, as principal, structured investments,

or together with their directors, officers and employers may have either long or short positions in the structured

investments, or stocks, commodities or currencies to which the structured investments are linked, or may

perform or seek to perform investment banking services for those linked assets mentioned herein.

Prior to investing in any debt obligation issued by HSBC USA Inc. or HSBC Bank USA, N.A. or any certificate of

deposit issued by HSBC Bank USA, N.A., you should carefully review the related disclosure document to under-

stand the risks related to the debt obligation or certificate of deposit and the specific issuer. This brochure

discusses a number of different HSBC entities and you should fully inform yourself about the specific HSBC

issuer prior to making any investment in its debt obligations. HSBC Holdings plc, HSBC North America Holdings

Inc. and other affiliated entities are not liable for any of the obligations of HSBC USA Inc. or HSBC Bank USA,

N.A.

HSBC has filed a registration statement (including a prospectus and prospectus supplement) with the Securities

and Exchange Commission for any offering to which this free writing prospectus may relate. Before you invest,

you should read the prospectus and prospectus supplement in that registration statement and other documents

HSBC has filed with the SEC for more complete information about HSBC and any related offering. You may get

these documents for free by visiting EDGAR on the SEC’s web site at www.sec.gov. Alternatively, HSBC Securi-

ties (USA) Inc. or any dealer participating in the related offering will arrange to send you the prospectus and

prospectus supplement if you request them by calling toll-free 1-866-811-8049.

HSBC operates in various jurisdictions through its affiliates, including, but not limited to, HSBC Securities (USA)

Inc., member of NYSE, FINRA and SIPC.

© 2019 HSBC USA Inc. All rights reserved.